HAVEL & PARTNERS’ team of experts participated as a legal advisor to venture capital funds Atmos Ventures, Lighthouse Ventures, and Tera Ventures in an investment round in which the Czech logistics fintech company 4Trans raised EUR 18 million from investors. In this round, 4Trans also attracted private investors from Silicon Valley, and is thus aiming to become a leader in logistics companies financing.

4Trans provides financing for small and mid-sized companies in the logistics industry, which often face a lack of access to funding due to long invoice payment terms. 4Trans solves this by factoring, i.e. immediate reimbursement of issued invoices, checking on the payment history of customers and offering other financial products. As a result, the firm provides an ecosystem of financial services based on real-time data. The volume of funded invoices has already exceeded CZK 800 million.

The round was led by Atmos Ventures, fund specialising in supporting the development of AI and DeepTech technologies for data use. Funding was also provided by Lighthouse Ventures – a Czech fund that focuses on venture capital and start-up acceleration, and Estonian fund Tera Ventures, which focuses on investing in global digital start-ups. All of these venture capital funds were assisted by HAVEL & PARTNERS venture capital experts – partner Václav Audes, senior associate Juraj Petro and associate Jan Krejčí.

4Trans has also received funding from private angel investors, both from the Czech Republic and Europe and from Silicon Valley. The debt investor in this investment round was Advance Global Capital. 4Trans intends to use the funds for further expansion into foreign markets, strengthening its teams, software development and expanding its range offer to include additional financial and insurance services. The start-up wants to finance CZK 1 billion in the SME logistics segment this year.